At the Cabinet meeting on August 20, 2025, a new procedure for calculating the Mineral Royalties was introduced.
Previously, the sales value for calculating the Mineral Royalties was based on:
For minerals sold or used domestically, the valuation will be based on local market prices. For exports,the government will use official international price sources. Gold and silver sold to the Bank of Mongolia will follow the daily rate announced by the Bank.
It is believed that the previous method resulted in charges 20–50 percent higher than the actual sales prices, placing financial pressure on companies. For example, enriched coking coal was assessed 22.6% higher, fluorspar 54.3% higher, and iron ore 26.6% higher than actual market prices.
Under the new rules, if an exporting company trades 25 percent of its products through the commodities exchange, the Mineral Resources Usage Fee (Minerals royalty) for its entire output will be calculated based on the exchange price. This change is expected to boost exchange trading and generate around 100 billion tugriks in additional revenue for the state budget.